Similar to the surrounding areas, it's significantly less expensive compared to the country as a whole. It is significantly less expensive compared to the city of Kansas City.
Home prices
The median home in Effingham is valued at $75,300. Compared to its nearby areas it is approximately $2,180 (2%) higher.It is approximately $142,200 (65%) lower in comparison to the nation as a whole, and compared to the city of Kansas City is about $79,300 (51%) lower.
Rents
Effingham's median rent is $595 per month. Compared to the surrounding areas this is roughly $19 (3%) lower.In comparison to the rest of the country it is roughly $467 (43%) lower, and is about $346 (36%) lower in comparison to the city of Kansas City.
Nearby places
Lancaster
Lancaster is approximately 5 miles northeast of Effingham. Real estate prices there are a little more expensive. Lancaster's median home cost is $85,000, which comes out to $9,700 (11%) higher than Effingham. The rent there is a little more expensive. In Lancaster the median rent is $713 a month, which comes out to $118 (16%) higher than Effingham.
Muscotah
Muscotah is about 6 miles west from Effingham. The real estate prices there are a bit less expensive. The median home in Muscotah costs $70,000, which is $5,300 (7%) lower than Effingham. The rent there is a bit less expensive. In Muscotah the median rent is $488 per month, which is $107 (21%) lower than Effingham.
Nortonville
Nortonville is roughly 7 miles southeast from Effingham. Its housing prices are similar. Nortonville's median home price is $79,000, which comes out to $3,700 (4%) higher than Effingham. The rent there is a little more expensive. The median rent in Nortonville is $688 a month, which is $93 (13%) higher than Effingham.
Everest
Everest is approximately 10 miles north of Effingham. Real estate prices there are a bit less expensive. The median home in Everest costs $57,300, which is $18,000 (31%) lower than Effingham. The rent there is fairly similar. In Everest the median rent is $567 a month, which is $28 (4%) lower than Effingham.
Whiting
Whiting is roughly 10 miles northwest from Effingham. Its real estate prices are fairly similar. The median home in Whiting is valued at $74,300, which works out to $1,000 (1%) lower than Effingham. The rent there is pretty similar. In Whiting the median monthly rent is $613, which comes out to $18 (2%) higher than Effingham.